Law firm Hall & Wilcox has selected 10 startups for its 2022 Frank Lab Accelerator program, from climate to edutech, fintech and the arts.
Frank Lab 2022 follows the success of the 2021 women-focused team and the 2020 and 2019 programs, which helped accelerate a wide range of businesses and their solutions. These include open banking/data sharing platforms, rocket engine technologies, inclusive clothing for the disabled, eco-friendly products, new contraceptives and social enterprises.
Frank’s startup practice senior partner Jasmine Koh and special counsel James Bull, who lead the annual program, said the startups will receive a $5,000 credit toward the cost of legal services and will work with an experienced attorney as their trusted legal advisor for a long time. of the program.
“We look forward to solving the unusual and exciting challenges that arise as we work with clients who provide innovative technology-based solutions,” he said.
Hall & Wilcox will present the company’s Smart Law technology solutions and pitches to business contacts, accountants and investors, with masterclasses covering topics ranging from raising capital to valuing your business for participating startups nationwide. .
Participating startups will earn 50 of the 100 points required to qualify as an Early Stage Innovative Company (ESIC).
Investors in qualifying startups receive incentives such as an accelerated tax rebate or a 20% investment rate discount, up to $200,000 in each income year, and improved capital gains tax treatment for shares.
Frank Lab’s 2022 businesses are as follows:
|AIBULD||AIBUILD develops and implements artificial intelligence (AI), machine learning and virtual reality (VR) tools to provide customized solutions for a variety of businesses in industries such as real estate, education and research and development.|
|Catch the artist||Artist’s Book is a digital marketplace that connects and streamlines the process of submitting original artwork. This state-of-the-art device is currently available across Australia, Singapore and the UK.|
|Circle 8 clean technologies||Circle 8 Clean Technologies is a cost-effective waste management solution that aims to optimize resource use and conserve resources in a circular economy to create a sustainable future.|
|Cyber||It is on a mission to stop cyber money laundering and protect customers from financial cyber crimes. Siberia solutions share crime data in real time with financial institutions, fintech and crypto exchanges.|
|DigiSoil||DigiSoil provides geospatial digitization and mapping of soil data across farm paddocks and crop profiles. These maps allow the proper management and optimization of agricultural production.|
|adapting education||Adapt Education tailors teaching and learning to the needs and interests of each student in each primary and secondary school through a data analytics platform and student profile.|
|Fyrrr||Fyrr (pronounced “fire”) is an AI-powered platform that empowers people in the workplace to quickly find the answers they need by curating learning content that is accessible, relevant and thoughtful.|
|Stripped supply||Striped Supply is Australia’s first diabetes pharmaceuticals subscription box, allowing patients to order, order and replenish life-saving sugar supplies.|
|Ultimate athlete||Ultimate Athlete, through its app UE, aims to help users ‘add meaning to movement’ – understand the activities they love with the help of leading athletes, connect with exercise buddies and live healthier, happier and longer lives.|
|Uncovered||Unhedged is an easy-to-use investment app – unlike robotech (no static rebalancing) and unlike hedge funds (no high-frequency trading). Its algorithm analyzes millions of data points and actively trades every day.|